Stocks to plummet 40% or more, warns Marc ‘Dr. Doom’ Faber

If the man often hailed as the original “Dr. Doom” is right, the stock market could see another “lurch” higher — at which point investors may want to cash out quickly and run for cover.

Marc Faber, the editor of “The Gloom, Boom & Doom Report’ and a perennial bear, isn’t backing down from his latest dire prediction that would send stocks plummeting by 40 percent or more.

A drop of that size could take the S&P 500 Index down from Friday’s closing price of 2,438 to 1,463.

FOLLOW THE LINK FOR THE FULL REPORT – JR 

http://www.cnbc.com/2017/06/24/stocks-to-plummet-40-percent-or-more-warns-marc-dr-doom-faber.html

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